SECDL.LXSTO
Rolf Larsson
Ekonomichef/finanschef/finansdirektör
Filed
May 2025
Amount
229 k€
Sigma score
50 / 100
Return T+365
+533.3%
InsidersTradesSigma
No one else covers the intersection.
OpenInsider covers the US for free. Quiver sells a US-only proprietary API. Bloomberg has it all, for $24k/yr. Sigma sits at the intersection: multi-market, open, backtested, AI-agent ready.
| Capability | Sigma | OpenInsider | Quiver | Bloomberg |
|---|---|---|---|---|
| US Form 4 (SEC) | ✓ | ✓ | ✓ | ✓ |
| Non-US filings (27 regulators) | ✓ | ✗ | ✗ | ✓ (paywall) |
| FX-normalised cross-market | ✓ | ✗ | ✗ | ✓ |
| Composite score (open formula) | ✓ | ✗ | propriétaire | ✗ |
| Free interactive backtest viewer | ✓ | ✗ | payant | payant |
| Public REST API | ✓ (free tier) | ✗ | payant | enterprise |
| MCP server (AI-native) | ✓ | ✗ | ✗ | ✗ |
| Entry price | €0 / €39 | $0 | $10+/mo | $24k/yr |
★ Sigma Strategy · available
A positive annualized return
out-of-sample (2025-01-01 to 2026-03-04)
Each month, the simulated portfolio buys the 10 highest-scored insider BUY signals (EU markets) in equal weights, then sells each position 90 days later. Result is net of 0.6% round-trip fees.
+17.0%
annualized return (OOS)
0.56
annualized Sharpe (OOS)
50%
win rate (T+90)
2 / 4
years beating the CAC 40
See the proof →
* Cross-sectional Sharpe (dispersion across 90-day trades) on the in-sample Sigma v1.0 (pre-V14e) cohort. On the strict V14e EU OOS window (2025-01-01 to 2026-03-04): annualized Sharpe 0.56, Bailey-Lopez de Prado deflated -0.06. Universe restricted to 8 EU venues (Paris, Amsterdam, Vienna, Brussels, Helsinki, Oslo, Stockholm, Frankfurt). Measured on n=3864 filtered subset · universe 391,106.
Methodology
From declaration
to actionable signal
Every filing from our 28 regulators (AMF, SEC, BaFin, SIX SER, RNS, SEDI, Consob, CNMV, AFM, FSMA, Oslo, Helsinki, Copenhagen, ASX, FMA, CVM, HKEX, BSE-Sofia, Tadawul, DART, EDINET, SSE, SZSE, SEBI, KNF, PSE, NZX, JSE) flows through our 3-step pipeline, multi-market collection, open composite scoring, signals and alerts (web, API, MCP).
Step 01
28 regulated feeds. One unified schema.
AMF BDIF, SEC EDGAR Form 4, BaFin DDA, SIX SER, RNS/Investegate, SEDI, Consob, CNMV, AFM, FSMA, Oslo Børs, Nasdaq Helsinki, Nasdaq Copenhagen, ASX, FMA/OeKB OAM, CVM, HKEX, BSE-Sofia, Tadawul, DART, EDINET, SSE, SZSE, SEBI, KNF, PSE, NZX, JSE. Each filing is extracted, FX-normalised (multi-currency historical FX), enriched (ISIN/CIK bridge, market cap, sector), and exposed through the same API, within 5 minutes of publication.
28 regulators · inbound feeds
LVMH SA12 500 000 €
SCHNEIDER4 200 000 €
TOTALENERGIES834 000 €
SOC. GÉNÉRALE2 100 000 €
Illustration · schematic example
Real examples
Some real signals we caught
Internal backtest on public regulator filings (28 markets). Window Mar 2023 · Aug 2024. T+365 returns from Yahoo Finance EOD prices.
SECDL.LXSTO
Rolf Larsson
Ekonomichef/finanschef/finansdirektör
Filed
Apr 2025
Amount
596 k€
Sigma score
52 / 100
Return T+365
+397.8%
USPRMEXNAS
Cluster · 3 insiders
Filed
May 2025
Amount
130 k€
Sigma score
63 / 100
Return T+365
+130.2%
USLTRXXNAS
Cluster · 4 insiders
Filed
Mar 2025
Amount
37 k€
Sigma score
62 / 100
Return T+365
+110.4%
USHTLDXNAS
Cluster · 4 insiders
Filed
May 2025
Amount
1 M€
Sigma score
65 / 100
Return T+365
+94.1%
ESPSG.MCXMAD
YIRAYIRA INTERNATIONAL, S.L.
HELENA REVOREDO DELVECCHIO - PRESIDENTE DEL CONSEJO DE ADMINISTRACIÓN
Filed
Apr 2024
Amount
71.1 M€
Sigma score
50 / 100
Return T+365
+50.0%
Historical backtest. Returns are indicative; past performance does not guarantee future results. This is not investment advice. CI95 and DSR documented in the methodology.
Backtest coverage: XPAR, XTKS and BVMF prioritised (T+365 returns computed). SEC (US) and LSE (UK) still being processed.
